THE ARVO FOUNDATION FOR EYE RESEARCH INC

Address
1801 ROCKVILLE PIKE NO 400
ROCKVILLE, MD 20852
Contact
Website: http://www.arvo.org/foundation
Phone: +1 (240) 221-2916
Nonprofit
NTEE: H41 - Eye Research
EIN: 52-2322462

Mission

THE ARVO FOUNDATION SERVES AS A GLOBAL CATALYST FOR INNOVATION, WORKFORCE DEVELOPMENT, AND COLLABORATION IN THE FIELD OF VISION RESEARCH BY STRATEGICALLY FUNDING NOVEL RESEARCH, EDUCATION AND OUTREACH INITIATIVES OF ARVO.
 20162015201420132012
Basic features of the organization
Year of formation2001
Subsection code03
PF filing required0    
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00 
Number of employees0000 
Number of people compensated >$100k0000 
Number of volunteers7070709 
Number of highly compensated contractors0000 
Personnel
Atheron, Sally
Title   EXECUTIVE DIRECTOR 
Name of key/compensated person   SALLY ATHERON PHD 
Position of compensated person
Current officer   True 
Average hours per week working for org   5.00 
Reportable compensation from org   $0.00 
Breakdown of reportable comp
Base reportable compensation from org   $0.00 
Bonus and incentive reportable compensation   $0.00 
Other reportable compensation from org   $0.00 
Retirement and other deferred compensation   $0.00 
Nontaxable benefits from org   $0.00 
Compensation from org previously reported as deferred   $0.00 
Other comp, non-reportable, from org and related orgs   $193,867.00 
Sum of all compensation from org   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $315,930.00 
Average hours per week working for related orgs   37.50 
Cae, Iris
TitleEXECUTIVE DIRECTOREXECUTIVE DIRECTOR   
Name of key/compensated personIRIS M RUSH CAEIRIS M RUSH CAE   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org5.005.00   
Reportable compensation from org$0.00$0.00   
Breakdown of reportable comp
Base reportable compensation from org$0.00$0.00   
Bonus and incentive reportable compensation$0.00$0.00   
Other reportable compensation from org$0.00$0.00   
Retirement and other deferred compensation$0.00$0.00   
Nontaxable benefits from org$0.00$0.00   
Compensation from org previously reported as deferred$0.00$0.00   
Other comp, non-reportable, from org and related orgs$32,375.00$30,894.00   
Sum of all compensation from org$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $312,881.00$299,875.00   
Average hours per week working for related orgs37.5037.50   
Cae, Jason
TitleSENIOR DIRECTOR, FINANCE    
Name of key/compensated personJASON P SPESSARD CAE    
Position of compensated person
Current officerTrue    
Average hours per week working for org5.00    
Reportable compensation from org$0.00    
Breakdown of reportable comp
Base reportable compensation from org$0.00    
Bonus and incentive reportable compensation$0.00    
Other reportable compensation from org$0.00    
Retirement and other deferred compensation$0.00    
Nontaxable benefits from org$0.00    
Compensation from org previously reported as deferred$0.00    
Other comp, non-reportable, from org and related orgs$15,639.00    
Sum of all compensation from org$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $160,867.00    
Average hours per week working for related orgs37.50    
Carlson, Eric
TitleGOVERNORGOVERNORGOVERNOR  
Name of key/compensated personERIC C CARLSON PHDERIC C CARLSON PHDERIC C CARLSON PHD  
Position of compensated person
Average hours per week working for org2.002.002.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Farvo, Carlos
TitleGOVERNORGOVERNORGOVERNORGOVERNOR 
Name of key/compensated personCARLOS BELMONTE MD FARVOCARLOS BELMONTE MD FARVOCARLOS BELMONTE MD FARVOCARLOS BELMONTE MD FARVO 
Position of compensated person
Average hours per week working for org2.002.002.002.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Farvo, Cheryl
TitleVICE CHAIRVICE CHAIRGOVERNOR  
Name of key/compensated personCHERYL MAE CRAFT PHD FARVOCHERYL MAE CRAFT PHD FARVOCHERYL MAE CRAFT PHD FARVO  
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org2.002.002.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Farvo, Craig
TitleEXECUTIVE VICE PRESIDENTEXECUTIVE VICE PRESIDENT   
Name of key/compensated personCRAIG E CROSSON PHD FARVOCRAIG E CROSSON PHD FARVO   
Position of compensated person
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $45,000.00$0.00   
Average hours per week working for related orgs3.00    
Farvo, Donald
Title SECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURER 
Name of key/compensated person DONALD C HOOD PHD FARVODONALD C HOOD PHD FARVODONALD C HOOD PHD FARVO 
Position of compensated person
Current officer TrueTrueTrue 
Average hours per week working for org 2.002.002.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Farvo, Gary
Title GOVERNOR EMERITUS   
Name of key/compensated person GARY W ABRAMS MD FARVO   
Position of compensated person
Average hours per week working for org 2.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Farvo, J
TitleCHAIRCHAIRCHAIR-ELECTGOVERNOR 
Name of key/compensated personJ MARK PETRASH PHD FARVOJ MARK PETRASH PHD FARVOJ MARK PETRASH PHD FARVOJ MARK PETRASH PHD FARVO 
Position of compensated person
Current officerTrueTrueTrue  
Average hours per week working for org2.002.002.002.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Farvo, Jeffrey
TitleGOVERNORGOVERNOR   
Name of key/compensated personJEFFREY H BOATRIGHT PHD FARVOJEFFREY H BOATRIGHT PHD FARVO   
Position of compensated person
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Farvo, Joan
TitleGOVERNORGOVERNORGOVERNORGOVERNOR 
Name of key/compensated personJOAN W MILLER MD FARVOJOAN W MILLER MD FARVOJOAN W MILLER MD FARVOJOAN W MILLER MD FARVO 
Position of compensated person
Average hours per week working for org2.002.002.002.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Farvo, John
Title GOVERNOR EMERITUS   
Name of key/compensated person JOHN E DOWLING PHD FARVO   
Position of compensated person
Average hours per week working for org 2.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Farvo, Joyce
TitleGOVERNORGOVERNORGOVERNORGOVERNOR 
Name of key/compensated personJOYCE TOMBRAN-TINK PHD FARVOJOYCE TOMBRAN-TINK PHD FARVOJOYCE TOMBRAN-TINK PHD FARVOJOYCE TOMBRAN-TINK PHD FARVO 
Position of compensated person
Average hours per week working for org2.002.002.002.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Farvo, Julia
Title GOVERNORGOVERNORGOVERNOR 
Name of key/compensated person JULIA A HALLER MD FARVOJULIA A HALLER MD FARVOJULIA A HALLER MD FARVO 
Position of compensated person
Average hours per week working for org 2.002.002.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Farvo, Nicolas
Title GOVERNOR EMERITUSIMMEDIATE PAST CHAIRCHAIR 
Name of key/compensated person NICOLAS G BAZAN MD PHD FARVONICOLAS G BAZAN MD PHD FARVONICOLAS G BAZAN MD PHD FARVO 
Position of compensated person
Current officer  TrueTrue 
Average hours per week working for org 2.002.002.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Fics, Steve
TitleGOVERNORGOVERNORGOVERNORGOVERNOR 
Name of key/compensated personSTEVE CHARLES MD FACS FICSSTEVE CHARLES MD FACS FICSSTEVE CHARLES MD FACS FICSSTEVE CHARLES MD FACS FICS 
Position of compensated person
Average hours per week working for org2.002.002.002.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Markabi, Sabri
Title   GOVERNOR 
Name of key/compensated person   SABRI MARKABI MD 
Position of compensated person
Average hours per week working for org   2.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
PAUL P LEE MD JD FARVO
Title IMMEDIATE PAST CHAIRCHAIRCHAIR-ELECT 
Name of key/compensated person PAUL P LEE MD JD FARVOPAUL P LEE MD JD FARVOPAUL P LEE MD JD FARVO 
Position of compensated person
Current officer TrueTrueTrue 
Average hours per week working for org 2.002.002.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
PAUL STERNBERG JR MD FARVO
TitleSECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURER-ELECT  
Name of key/compensated personPAUL STERNBERG JR MD FARVOPAUL STERNBERG JR MD FARVOPAUL STERNBERG JR MD FARVO  
Position of compensated person
Current officerTrueTrueTrue  
Average hours per week working for org2.002.002.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Patel, Samir
Title   GOVERNOR 
Name of key/compensated person   SAMIR C PATEL MD 
Position of compensated person
Average hours per week working for org   2.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Radford, Mark
TitleGOVERNOR    
Name of key/compensated personMARK H B RADFORD MD PHD    
Position of compensated person
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Robertson, Stella
TitleGOVERNORGOVERNOR   
Name of key/compensated personSTELLA M ROBERTSON PHDSTELLA M ROBERTSON PHD   
Position of compensated person
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Rush, Iris
Title  EXECUTIVE DIRECTORINTERIM EXECUTIVE DIRECTOR 
Name of key/compensated person  IRIS M RUSHIRIS M RUSH 
Position of compensated person
Current officer  TrueTrue 
Average hours per week working for org  5.005.00 
Reportable compensation from org  $0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Retirement and other deferred compensation  $0.00$0.00 
Nontaxable benefits from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $24,013.00$22,950.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $238,382.00$225,104.00 
Average hours per week working for related orgs  37.5037.50 
Spessard, Jason
Title SENIOR DIRECTOR, FINANCESENIOR DIRECTOR, FINANCE  
Name of key/compensated person JASON P SPESSARDJASON SPESSARD  
Position of compensated person
Current officer TrueTrue  
Average hours per week working for org 5.005.00  
Reportable compensation from org $0.00$0.00  
Breakdown of reportable comp
Base reportable compensation from org $0.00   
Bonus and incentive reportable compensation $0.00   
Other reportable compensation from org $0.00   
Retirement and other deferred compensation $0.00   
Nontaxable benefits from org $0.00   
Compensation from org previously reported as deferred $0.00   
Other comp, non-reportable, from org and related orgs $12,731.00$176.00  
Sum of all compensation from org $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $157,367.00$143,987.00  
Average hours per week working for related orgs 37.5037.50  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSERVES AS A GLOBAL CATALYST FOR INNOVATION, WORKFORCE DEVELOPMENT, AND COLLABORATION IN THE FIELD OF VISION RESEARCH.ADVANCE RESEARCH, PREVENT/CURE BLINDNESS, FUND EYE RESEARCH IN THE AREAS OF HIGHEST UNMET NEEDS.THE ARVO FOUNDATION'S MISSION IS TO ADVANCE RESEARCH, TO PREVENT AND/OR CURE BLINDNESS, AND FUND EYE RESEARCH IN THE AREAS OF HIGHEST UNMET NEEDS. THE FOUNDATION WILL SUPPORT THE MISSION OF ARVO.THE ARVO FOUNDATION'S MISSION IS TO ADVANCE RESEARCH, TO PREVENT AND/OR CURE BLINDNESS, AND FUND EYE RESEARCH IN THE AREAS OF HIGHEST UNMET NEEDS. THE FOUNDATION WILL SUPPORT THE MISSION OF ARVO. 
Program service expenses, total$543,030.00$539,931.00$445,589.00$495,652.00 
Programs, including revenue & expenses
AWARDS AND GRANTS:IN AN EFFORT TO KEEP THE NEXT GENERATION OF VISION SCIENTISTS AND EYE RESEARCHERS ABREAST OF THE LATEST TRENDS AND CURRENT INFORMATION, THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO SUPPORT, RECOGNIZE AND RETAIN THE BEST AND BRIGHTEST IN EYE AND VISION RESEARCH. THE FOUNDATION OFFERINGS INCLUDE SPECIALTY AWARDS AND GRANTS AND OVER 115 TRAVEL GRANTS TO US AND INTERNATIONAL VISION SCIENTISTS.
Program expenses$456,417.00$414,066.00$81,264.00$160,739.00 
Grants and allocations made$261,475.00$372,471.00$81,264.00$93,557.00 
Program revenue $0.00   
Program descriptionAWARDS AND GRANTS:IN AN EFFORT TO KEEP THE NEXT GENERATION OF VISION SCIENTISTS AND EYE RESEARCHERS ABREAST OF THE LATEST TRENDS AND CURRENT INFORMATION, THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO SUPPORT, RECOGNIZE AND RETAIN THE BEST AND BRIGHTEST IN EYE AND VISION RESEARCH. THE FOUNDATION OFFERINGS INCLUDE SPECIALTY AWARDS AND GRANTS AND OVER 115 TRAVEL GRANTS TO US AND INTERNATIONAL VISION SCIENTISTS.AWARDS AND GRANTS - IN AN EFFORT TO KEEP THE NEXT GENERATION OF VISION SCIENTISTS AND EYE RESEARCHERS ABREAST OF THE LATEST TRENDS AND CURRENT INFORMATION, THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO RECOGNIZE AND RETAIN THE BEST AND BRIGHTEST IN EYE AND VISION RESEARCH. THE FOUNDATION OFFERINGS INCLUDE SPECIALTY AWARDS AND OVER 100 TRAVEL GRANTS TO U.S. AND INTERNATIONAL VISION SCIENTISTS.AWARDS AND GRANTS - IN AN EFFORT TO KEEP THE NEXT GENERATION OF VISION SCIENTISTS AND EYE RESEARCHERS ABREAST OF THE LATEST TRENDS AND CURRENT INFORMATION, THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO RECOGNIZE AND RETAIN THE BEST AND BRIGHTEST IN EYE AND VISION RESEARCH. THE FOUNDATION OFFERINGS INCLUDE SPECIALTY AWARDS AND OVER 60 TRAVEL GRANTS TO U.S. AND INTERNATIONAL VISION SCIENTISTS.AWARDS AND GRANTS - IN AN EFFORT TO KEEP THE NEXT GENERATION OF VISION SCIENTISTS AND EYE RESEARCHERS ABREAST OF THE LATEST TRENDS AND CURRENT INFORMATION, THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO RECOGNIZE AND RETAIN THE BEST AND BRIGHTEST IN EYE AND VISION RESEARCH. THE FOUNDATION OFFERINGS INCLUDE SPECIALTY AWARDS AND OVER 60 TRAVEL GRANTS TO U.S. AND INTERNATIONAL VISION SCIENTISTS. 
PROGRAMS & EVENTS:THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS, THAT HELP FURTHER THE CAREERS OF EYE RESEARCHERS. IN ADDITION, THE FOUNDATION SUPPORTS SEVERAL ARVO EVENTS AND PROGRAMS. PROGRAMS AND EVENTS INCLUDE THE ARVO FOUNDATION AND DOWLING SOCIETY GALA AWARDS CEREMONY AND DINNER, THE WOMEN IN EYE AND VISION RESEARCH LUNCHEON AND SILENT AUCTION AND THE ARVO/ALCON KEYNOTE SERIES.
Program expenses$86,613.00$125,865.00$175,075.00$149,913.00 
Program revenue $324.00$4,514.00$102,870.00 
Program descriptionPROGRAMS & EVENTS:THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS, THAT HELP FURTHER THE CAREERS OF EYE RESEARCHERS. IN ADDITION, THE FOUNDATION SUPPORTS SEVERAL ARVO EVENTS AND PROGRAMS. PROGRAMS AND EVENTS INCLUDE THE ARVO FOUNDATION AND DOWLING SOCIETY GALA AWARDS CEREMONY AND DINNER, THE WOMEN IN EYE AND VISION RESEARCH LUNCHEON AND SILENT AUCTION AND THE ARVO/ALCON KEYNOTE SERIES.PROGRAMS & EVENTS - THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS THAT HELP FURTHER THE CAREERS OF EYE RESEARCHERS. IN ADDITION, THE FOUNDATION SUPPORTS SEVERAL ARVO MEETINGS, EVENTS AND PROGRAMS. PROGRAMS AND EVENTS INCLUDE THE ARVO FOUNDATION AND DOWLING SOCIETY GALA AWARDS CEREMONY AND DINNER, WOMEN IN EYE AND VISION RESEARCH LUNCHEON AND SILENT AUCTION, ARVO/ALCON KEYNOTE SESSION, AND THE ARVO/ALCON EXPERT SESSIONS.PROGRAMS & EVENTS - THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS THAT HELP FURTHER THE CAREERS OF EYE RESEARCHERS. IN ADDITION, THE FOUNDATION SUPPORTS SEVERAL ARVO MEETINGS, EVENTS AND PROGRAMS. PROGRAMS AND EVENTS INCLUDE THE ARVO FOUNDATION AND DOWLING SOCIETY GALA AWARDS CEREMONY AND DINNER, WOMEN IN EYE AND VISION RESEARCH LUNCHEON AND SILENT AUCTION, ARVO/ALCON KEYNOTE SESSION, AND ARVO/ALCON PIZZA WITH THE EXPERTS.PROGRAMS & EVENTS - THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS THAT HELP FURTHER THE CAREERS OF EYE RESEARCHERS. IN ADDITION, THE FOUNDATION SUPPORTS SEVERAL ARVO MEETINGS, EVENTS AND PROGRAMS. PROGRAMS AND EVENTS INCLUDE THE OPHTHALMIC INVESTORS SEMINAR, THE ARVO FOUNDATION AND DOWLING SOCIETY GALA AWARDS CEREMONY AND DINNER, WOMEN IN EYE AND VISION RESEARCH LUNCHEON AND SILENT AUCTION, ARVO/ALCON KEYNOTE SESSION, AND ARVO/ALCON PIZZA WITH THE EXPERTS. 
RESEARCH GRANTS: THE FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH AND ANOTHER TO A RESEARCHER WORKING IN TRANSLATIONAL RESEARCH. THE FOUNDATION ALSO AWARDS ONE GRANT ANNUALLY TO A SENIOR CLINICIAN-SCIENTIST IN GLAUCOMA WHO HAS COMMITTED TO MENTORING OTHER CLINICIAN-SCIENTISTS TO INDEPENDENT RESEARCH CAREERS.
Grants and allocations made$140,500.00    
Program descriptionRESEARCH GRANTS: THE FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH AND ANOTHER TO A RESEARCHER WORKING IN TRANSLATIONAL RESEARCH. THE FOUNDATION ALSO AWARDS ONE GRANT ANNUALLY TO A SENIOR CLINICIAN-SCIENTIST IN GLAUCOMA WHO HAS COMMITTED TO MENTORING OTHER CLINICIAN-SCIENTISTS TO INDEPENDENT RESEARCH CAREERS.    
THE ARVO FOUNDATION PROVIDES TWO RESEARCH GRANTS: ONE TO A RESEARCH WHO FOCUSES ON BASIC RESEARCH TO BETTER UNDERSTAND DRY EYE SYNDROME AND ANOTHER TO A RESEARCHER WHO FOCUSES ON CLINICAL RESEARCH OF MEIBOMIAN GLAND DYSFUNCTION (MGD), A LEADING CAUSE OF DRY EYE DISEASE WORLDWIDE. IN ADDITION, THE FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH IN THE UNDERSTANDING OF AMD AND ANOTHER GRANT TO A RESEARCHER WORKING IN TRANSLATIONAL AMD RESEARCH FOCUSING ON THERAPEUTICS.
Program expenses  $189,250.00$185,000.00 
Grants and allocations made  $189,250.00$185,000.00 
Program description THE ARVO FOUNDATION PROVIDES TWO RESEARCH GRANTS: ONE TO A RESEARCH WHO FOCUSES ON BASIC RESEARCH TO BETTER UNDERSTAND DRY EYE SYNDROME AND ANOTHER TO A RESEARCHER WHO FOCUSES ON CLINICAL RESEARCH OF MEIBOMIAN GLAND DYSFUNCTION (MGD), A LEADING CAUSE OF DRY EYE DISEASE WORLDWIDE. IN ADDITION, THE FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH IN THE UNDERSTANDING OF AMD AND ANOTHER GRANT TO A RESEARCHER WORKING IN TRANSLATIONAL AMD RESEARCH FOCUSING ON THERAPEUTICS.RESEARCH FELLOWSHIPS - THE ARVO FOUNDATION PROVIDED ONE CONTACT LENS RESEARCH FELLOWSHIP. IN ADDITION, THE FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH IN THE UNDERSTANDING OF AMD AND ANOTHER GRANT TO A RESEARCHER WORKING IN TRANSLATIONAL AMD RESEARCH FOCUSING ON THERAPEUTICS.RESEARCH FELLOWSHIPS THE ARVO FOUNDATION OFFERS TWO AGE-RELATED MACULAR DEGENERATION (AMD) RESEARCH FELLOWSHIPS: ONE TO A RESEARCHER WORKING IN BASIC RESEARCH IN THE UNDERSTANDING OF AMD AND ANOTHER GRANT TO A RESEARCHER WORKING IN TRANSLATIONAL AMD RESEARCH FOCUSING ON THERAPEUTICS. 
Financial data
Revenue
Total revenue$924,002.00$923,499.00$885,787.00$544,007.00 
Revenue from contributions (total)$873,978.00$841,986.00$471,192.00$404,434.00$679,777.00
Revenue from noncash contributions  $3,417.00$10,560.00 
Investment income, current yr$59,371.00$93,374.00$415,376.00$34,179.00 
Total revenue from grants, etc., current yr$873,978.00$841,986.00$471,192.00$404,434.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr-$9,347.00-$12,185.00-$5,295.00$2,524.00 
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00 
Program service revenue (total) $324.00$4,514.00$102,870.00$0.00
Gross receipts$1,120,514.00$1,128,405.00$2,454,276.00$607,643.00 
Sources of contributions
Revenue from fundraising events$77,196.00$89,625.00$66,825.00$19,600.00 
Revenue from all other contributions$796,782.00$752,361.00$404,367.00$384,834.00 
Other types of revenue
Miscellaneous revenue (total) $228.00   
Income from dividends, interest, and similar investments$45,805.00$45,126.00$64,847.00$34,179.00 
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events-$9,347.00-$12,413.00-$5,295.00$2,524.00 
Expense categories (totals)
Total functional expenses: sum of all$763,520.00$795,105.00$738,240.00$803,322.00 
Total functional expenses: program service $543,030.00$539,931.00$445,589.00$495,652.00 
Total functional expenses: management and general$131,075.00$206,732.00$264,935.00$304,293.00 
Total functional expenses: fundraising$89,415.00$48,442.00$27,716.00$3,377.00 
Fees for services
Legal fees (total)  $282.00$175.00 
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$2,364,525.00$2,129,216.00$2,155,782.00$2,300,873.00$2,432,247.00
Total assets, beginning of year$2,129,216.00$2,155,782.00$2,300,873.00$2,432,247.00 
Total liabilities$208,288.00$211,882.00$241,524.00$203,968.00$230,748.00
Total liabilities, beginning of year$211,882.00$241,524.00$203,968.00$230,748.00 
Pledges & accounts receivable, net$85,009.00$121,998.00$130,275.00$160,880.00 
Unrestricted net assets, end of yr$731,276.00$217,064.00$205,747.00$208,463.00 
Temporarily restricted net assets$1,424,961.00$1,700,270.00$1,708,511.00$1,888,442.00 
Net assets$2,156,237.00$1,917,334.00$1,914,258.00$2,096,905.00 
Net assets, beginning of year$1,917,334.00$1,914,258.00$2,096,905.00$2,201,499.00 
Other liabilities$4,963.00$78,840.00$229,409.00$203,968.00 
Investments: publicly traded securities$2,073,804.00$1,937,633.00$1,856,882.00$1,488,678.00 
Cash: non-interest bearing$204,512.00$67,038.00$167,625.00$585,838.00 
Cash: non-interest bearing, beginning of year$67,038.00$167,625.00$585,838.00$922,883.00 
Other financial variables
Revenue less expenses$160,482.00$128,394.00$147,547.00-$259,315.00 
Advertising (total)$6,399.00$6,096.00$1,652.00$11,035.00 
Savings & temp cash investment  $0.00$25,011.00 
Accounts receivable, net $300.00$1,000.00  
Prepaid expenses & deferred charges$1,200.00$2,247.00$0.00$30,000.00 
Accounts payable & accrued expenses$100,490.00$112,532.00   
Deferred revenue$102,835.00$20,510.00$12,115.00$0.00 
Total net assets or fund balances$2,156,237.00$1,917,334.00$1,914,258.00$2,096,905.00 
Depreciation, depletion, amortization  $10,466.00$10,466.00 
Governance and accountability
Number of voting members12111211 
Number of independent voting members11111211 
Financial sheets auditedTrueTrueTrueTrue 
Audit on consolidated basisTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-012013-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Reason for form submission
Address changeTrue    
Date e-filing submitted2017-09-072016-09-082015-08-052014-10-27 
IRS schema version2016v3.02015v2.12014v5.02013v3.0 
Filing identifier201741359349303849201601339349304435201541339349301334201441959349301104 
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